(LEAD) Twosome Place to enter U.S. market in Oct. for 'next phase of growth'
SEOUL, Sept. 3 (Yonhap) -- South Korean coffee chain Twosome Place said Thursday...
South Korean coffee chain Twosome Place announced plans to enter the U.S. market next month, marking its first overseas expansion, according to a press release on September 3rd. The company will open its first outlet in Alexandria, Virginia, in October, with further locations planned in the DMV area, comprising Washington, D.C., Maryland, and Virginia.
CEO Moon Young-ju stated that Twosome Place's goal is to become a major brand in the United States, leveraging its 25 years of experience in the South Korean food and beverage industry. Moon emphasized that the U.S. will serve as the company's initial stage, with the opening of the Alexandria store symbolizing the beginning of a new global chapter for Twosome Place.
The company aims to combine its expertise in coffee-and-dessert pairings with Korean flavors and local consumer preferences to create products and experiences tailored to the U.S. market. Twosome Place, established in 2002, currently operates 1,750 outlets in South Korea and is wholly owned by the global investment firm Carlyle Group.
The CEO also revealed that Twosome Place plans to expand into other overseas markets starting in 2028, utilizing the experience gained from its U.S. business as a foundation for future growth.
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